APT’s Complete Context Companion for Edexcel A Level Business Paper 3 Context 2018 on the Chocolate Confectionery Market is due to be PUBLISHED TOMORROW (28th Feb)

APT’s Complete Context Companion for Edexcel A Level Business Paper 3 Context  2018 on the Chocolate Confectionery Market is due to be PUBLISHED TOMORROW (28th Feb) – look out for your copy via email or your CD version in the post!

If you haven’t already pre-ordered click HERE for more details

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Why US wildfires mean hot cross buns are more expensive…

A useful link relating to Equilibrium Prices - https://news.sky.com/story/why-they-are-raisin-the-price-of-hot-cross-buns-this-easter-11268422

See below where to find the relevant area of the specification for A Level Economics, Edexcel, AQA & OCR:-

Edexcel spec reference 1.2.6 – Equilibrium price and quantity and how they are determined

AQA spec reference 4.1.3.5 – The determination of equilibrium market prices

OCR spec reference P8  – Explain, with the aid of a diagram, how demand and supply interact to produce market equilibrium in product markets

http://www.apt-initiatives.com/

An Essential Resource for Edexcel A Level Business

In 3 weeks’ time we will be publishing APT’s Complete Context Companion for Edexcel’s Paper 3 Exam on the Chocolate Confectionery Market.  This will be packed full of resources that are not only relevant for the Paper 3 exam but will also prove useful for revising key topics that could crop up in Paper 1 and Paper 2 exams and can be used as a classroom resource in future years to come.  

APT’s Complete Context Companion aims to prepare students for the very wide range of questions that could be asked on the broad context provided by Edexcel.  Hence, reference is made to as many topics as possible related to this context. This includes essential theory, analytical discussions and over 70 references to articles, the majority of which can be used again (ie post the Paper 3 exam) as extracts to stimulate class discussions.  Hence, APT’s Complete Context Companions can be used to build up a bank of resources for the teaching of key topics in future years to come 

To enable you to see just how comprehensive this resource will be, following on from last week’s email, an updated description of the information included in the first 3 (of 5) sections of APT’s ‘Detailed Investigation into the Context (for Teachers)’ is provided below (from which the other 5 resources contained in APT’s Complete Companion are produced). 

APT’s Complete Context Companion includes: PowerPoints, research tasks, highly comprehensive, in-depth research and analysis on each bullet point of Edexcel’s research brief, revision summaries, mock exam questions with detailed model answers.  It saves months of planning and preparation time and is being published in three weeks’ time, and can be pre-ordered now (see below).  

Feedback received on APT resources published to date for use with pre-released Contexts, Case Studies and Themes:

Absolutely outstanding.  I call this my ‘Bible’.  Your resources are in a different league.  It’s worth every penny! A fantastic tool that fully supports teaching and learning and student progression in great depth and detail!  Greatly appreciated! Your work is amazing!” Laura Pickford, Heworth Grange School 

Information included in the first 3 (of 5) sections of APT’s ‘Detailed Investigation into the Context (for Teachers)’: 

INTRODUCTION TO THE CONTEXT           

The Nature and Scope of the Research Students are Advised to Undertake

Some General Facts about Chocolate                                                                            

General Statistics and Information on the Global Chocolate Confectionery Market       

General Statistics and Information on the UK Chocolate Confectionery Market           

RESEARCH BULLET 1                                                                                                      

Trends in the Number and Size of Manufacturers Operating in the Global Chocolate Confectionery Market over the last 20 years, Including Investment, Business Growth & Takeovers                

General Introduction – Scope of Research and Essential Revision      

Trends in the Number and Size of Manufacturers Operating in the Global Chocolate Confectionery Market Over the Last 20 Years   

Introduction – Defining Key Terms

What is trend?                   

What are manufacturers?  What do chocolate manufacturers do? What methods of production do global chocolate manufacturers use?                                

Research and Analysis of Changes in the Number of Manufacturers Operating in the Global Chocolate Confectionery Market Over the Last 20 Years                 

What changes have there been in the number of manufacturers?

What is the significance of this research?                     

Research and Analysis of Changes in the Size of Manufacturers Operating in the Global Chocolate Confectionery Market Over the Last 20 Years          

How can size be measured?

What changes have there been in the size of manufacturers?

What are the main findings of this research?

Which companies have increased or decreased in size? by how much?                                                   

Has productivity increased or decreased?  Can this be linked to changes in size?                

What are the objectives / benefits of growth in the size of a business?                                                   

What problems can arise from growth in the size of a business?

Essential Theory and Relevant Research into Investment within the Global Chocolate Confectionery Market Over the Last 20 years       

Possible Exam Questions

What types of investment do businesses make?

Examples of Investments Made by Global Confectionery Manufacturers Over the Last 20 Years

What reasons might be behind these investments / What are the potential rewards?                     

What are the advantages and disadvantages of Foreign Direct Investment (in relation  to exporting?)

What factors should be considered when making decisions over or between potential investments?

Raising Finance for Investment

 Essential Theory & Relevant Research Relating to Business Growth & Takeovers Within the Global Chocolate Confectionery Market Over the Last 20 years        

Possible Exam Questions – The Focus for Revision

What is the difference between inorganic and organic growth?                                                               

Methods and Examples of Organic Growth (with Reference to Ansoff’s Matrix) within the Global Chocolate Confectionery Market

What are the advantages and disadvantages associated with organic growth?

What is the difference between mergers and takeovers?

Examples of Inorganic Growth including Takeovers within the Global Chocolate Confectionery Market Over the Last 20 years

Horizontal and Vertical Integration – Have these mergers and acquisitions, including takeovers involved horizontal and / or vertical integration?                                     

Reasons for Mergers and Takeovers - What reasons have been behind the mergers and takeovers within the global chocolate confectionery market?    

Concluding Remarks

Financial Risks and Rewards – What financial risks and rewards are associated with these acquisitions and takeovers?

Financial Risks

Financial Rewards 

Rapid Growth – What potential problems can arise from rapid expansion?   

Diseconomies of Scale

Overtrading 

Other Problems Associated with Mergers and Takeovers

General

Conflict Arising from Redundancies

Conflict Arising from Differences in Organisational Culture

Problems with Customer Retention Arising from Confusion in Brand Values

Concluding Remarks

RESEARCH BULLET 2                                                                                                      

Influences on the Global Market for Chocolate Confectionery Over the last 20 years, such as the growth and development of Emerging Economies, Corporate Social Responsibility, Social Trends, Changing Costs and Prices                    

Relevant Revision Topics 

The Influence of Growth and Development of Emerging Economies on the Global Market for Chocolate Confectionery

Possible Exam Questions

What is an emerging economy?

What opportunities to trade have arisen from the growth and development of emerging economies?

Examples of Confectionery Manufacturers that have Taken Up these Opportunities

What are the potential rewards from / reasons behind selling to emerging economies?

What are the potential reasons behind / rewards from producing in emerging economies?                          

What factors affect success in emerging economies?

What other ‘risks’ are associated with expansion overseas in general?                                                 

Corporate Social Responsibility          

Possible Exam Questions

What is corporate social responsibility (CSR)?

Examples of Socially Responsible Behaviour Amongst Global Chocolate Confectionery Manufacturers

What are the potential costs and arguments against CSR Initiatives?

What are the potential benefits of CSR – trade-offs between profit and acting in a socially-responsible and ethical manner?                                                                                                               

Social Trends (and Implications)  

Introduction – Definition and Possible Exam Questions

The Rise in Global Chocolate Consumption

Increase in the Demand for Premium Chocolate in particular Chocolate with a Dark High Cocoa Content Due to Growing Awareness of the Health Benefits

Increasing Concern Over Sugar Resulting in Consumers Trying to Reduce Sugar Intake and Stagnating Demand for Chocolate in Western Economies

Increasing Demand for ‘All Natural’ / Organic Ingredients

The Rise in Snacking and Trend Towards Healthier Snacks / Alternatives to Confectionery

Increasing Demand for Sustainable and Ethical Sourcing Practices

The Growth in Shopping Online

The Rise of Social Media

Changing Costs and Prices                 

General Introduction Including Possible Exam Questions

The Impact of Rising Raw Material Costs and Changes in Exchange Rates

What strategies can be used to cope with rising raw material costs?                                                                                                                       

Other  Costs

The Impact of Government Subsidies (Political Influences)

The Impact of Taxes on High Calorie, Fat or Sugar Products (Political Influences)

The Impact of Changing Prices

Other Influences: Seasonal Peaks in Demand 

Concluding Remarks – Scope for Evaluation  

RESEARCH BULLET 3       

Human Resource Management in the UK Chocolate Confectionery Industry       

Overview of Specification Requirements Relating to HRM – Essential Revision

Approaches to Staffing                        

Staff as an Asset and Staff as a Cost – Lessons from Nestlé

The Use of Flexible Working Practices

Nestlé’s Commitment to Flexible Working

What are the potential benefits?             

The Use of Outsourcing

Examples of Chocolate Manufacturers that Outsource Production

When / Why do business outsource production?              

What are the potential advantages and disadvantages?

Dismissal and Redundancy

What is the difference between dismissal and redundancy?

What are the costs associated with redundancies?

How can the negative effect of redundancies be minimised?

Mondelez’s Focus on Voluntary Redundancies to Achieve Job Cuts

Employer – Employee Relations – Individual Approach, Collective Bargaining

What is collective bargaining?

Nestlé’s Attitude and Approach to Individual and Collective Bargaining

What are the potential benefits of union recognition / collective bargaining?

What are the benefits of good industrial relations at the Individual Level?            

Recruitment, Selection and Training

Recruitment

What does recruitment involve?

What is the difference between internal and external recruitment?

Examples of Methods Used by Barry Callebaut and Mars

What are the potential advantages and disadvantages associated with internal and external recruitment?

Selection

What methods are used to select candidates for a post?

Summary of Nestlé’s General Recruitment and Selection Process

Concluding Remarks / Evaluative Comments Regarding Recruitment and Selection

Induction and Training

Why is induction and training so important?

What is the difference between ‘on-the-job’ and ‘off-the-job’ training?

Methods used at Nestlé

What are the advantages and disadvantages of on-the-job training?

What are the advantages and disadvantages of off-the-job training?

Organisational Design

General Introduction – Defining Key Terms

Analysis of Nestlé’s ‘Flat and Flexible’ Organisational Structure

What are the potential advantages and disadvantages of a flat structure?

What are the potential advantages and disadvantages of broad spans of control?

What are the potential advantages and disadvantages of matrix structures?

Decentralisation within Nestlé & Mars – What are the potential advantages/disadvantages?

Motivation in Theory and Practice – Financial and Non-financial Incentives

Financial Incentives – Basic Pay/Remuneration

Why is pay so important?

What is the difference between the national minimum wage, the national living wage and the living wage?

The Importance of Competitive Rates of Pay

The Importance of Keeping Pay in line with Inflation

Financial Incentives – Bonuses

Nestlé’s Annual Bonus

How can bonuses help to increase motivation?

Financial Incentives – Performance-related Pay

What is performance-related pay?

Nestlé’s ‘Results and Performance Related’ Culture

What are the potential advantages and disadvantages?

Fringe Benefits – Financial

What are fringe benefits?

Employee Benefits at Nestlé

What are the potential benefits?

Non-financial Techniques – Recognition and Reward for Effort / Achievement

Nestlé’s Recognition Framework

What are the potential benefits?

Non-financial – Opportunities for Career Progression / Personal Development

Opportunities for Learning and Growth / Development at Nestlé

What are the potential benefits?

Non-financial – The Use of Consultation

What is meant by consultation?

Consultation at Cadbury and Nestlé

What are the potential advantages and disadvantages?

Non-financial – The Use of Job Enrichment

What is job enrichment?

What are the potential advantages and disadvantages?

Leadership

Introduction – Impact of Leadership Style in General 

Explanation of Leadership Styles, including Advantages and Disadvantages

Leadership style within Nestlé

Concluding Remarks

6 separate resources are included in APT’s COMPLETE CONTEXT COMPANION for this year’s (2018) Paper 3 Exam (see below), which can be pre-ordered now.  The 6 separate resources can be purchased individually, or together at a discounted price: 

Feedback received on APT resources published to date for use with Pre-Released Contexts, Case Studies and Themes: 

Absolutely outstanding.  I call this my ‘Bible’.  Your resources are in a different league.  It’s worth every penny! A fantastic tool that fully supports teaching and

learning and student progression in great depth and detail!  Greatly appreciated! Your work is amazing!”
Laura Pickford, Heworth Grange School 

“The materials you provided were excellent and suited every level of teaching.  I wish I had ordered earlier in the year.”
Gareth Moran, Rye St Antony School 

“Your resource is outstanding and becomes the sole resource in my class from February to all the way to the exam day.”
Jillur Rahman, Woodbridge High School 

Excellent materials. All the students came out with a smile on their face and commented everything on the analysis came out”. Ruth Daniel, Tower Hamlets College 

“It is the most comprehensive pack I think we have ever received.
JL-H 

“Pleased with the level of detail, insight and depth. They have become an invaluable part of our preparation.” Andrew Livingstone, Heart of England School 

Fantastic results using your material.  My  business student went from a predicted Grade E to a B on her  paper and was just short of an A.” 
Jane Wood, Tutor 

“Your resources are proving invaluable and so much more useful than other providers that I buy from.”
Ian Chapman, Queen Anne’s School 

Pre-order NOW  (if not already) – Expected publication: end of Feb 2018

Price: £85 + VAT for email or download (+ £2.50 for CD)

Licensed for staff and up to 60 students to use, in any given year, attending the purchasing institution, ie the individual school / college. 

Pre-order (if not already):

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online with a debit/credit card or by PayPal (click here)

Highly useful information – on Changing Costs and Prices for Edexcel A Level Paper 3, Chocolate Confectionery Market

Highly useful information – on Changing Costs and Prices – relevant to bullet 2 of the Edexcel AL Paper 3 pre-released research brief on ‘Influences on the Global Market for Chocolate Confectionery Over the Last 20 years’: https://www.hps-pigging.com/facing-challenges-in-the-chocolate-and-confectionery-industry/

Click HERE for full details of APT’s Complete Context Companion for Paper 3 Context 2018 on the Chocolate Confectionery Market

A Quick CROSSWORD puzzle for OCR GCSE Business Studies revision for the A293 Case Study on Regeneration of Bowton, Tom’s Toys, GG Toys plc

1 of 17 Crosswords from APT’s Crosswords & Solutions for OCR GCSE J253 Business A293 2018 Case Study (Toys) - click here to purchase all 17.

The crosswords are just one of the resources provided in APT’s Complete Teacher’s Companion / Student Revision Buddy for A293 Case Study 2018 on Toys, which is packed full of resources to support teachers and students from now until the exam.  Click here on APT’s website for full details of this resource.

http://www.apt-initiatives.com/OCR_A293_Case_Study_2018

‘Influences on the Global Market for Chocolate Confectionery Over the Last 20 years’

Information relevant to bullet 2 of the Edexcel AL Paper 3 pre-released research brief on ‘Influences on the Global Market for Chocolate Confectionery Over the Last 20 years’ – Social Trends – concern over sugar content – Nestle’s response:https://www.newfoodmagazine.com/article/1032/nestle-cocoa-processing-chocolate-manufacturing/

Click HERE for full details of APT’s Complete Context Companion for Paper 3 Context 2018 on the Chocolate Confectionery Market

Mothers suffering ‘pay penalty’ at work, report suggests…

A really useful link relating to inequality of income - http://www.bbc.co.uk/news/business-42939584 See below where to find the relevant section within the specification for Edexcel, AQA and OCR…

Edexcel spec reference 4.2.2 Causes of income and wealth inequality within countries and between countries

AQA spec reference 4.1.6.7 The impact of gender, ethnicity and other forms of discrimination on wages, levels and types of employment.

OCR spec reference P15 Explain the causes of inequality of income and wealth 

http://www.apt-initiatives.com/

A useful link for Edexcel AL Paper 3 pre-released research brief – relating to Social Trends, concern over sugar content…

Information relevant to bullet 2 of the Edexcel AL Paper 3 pre-released research brief on ‘Influences on the Global Market for Chocolate Confectionery Over the Last 20 years’ – Social Trends – concern over sugar content – global chocolate B2B manufacturer Barry Callebaut’s response: https://www.barry-callebaut.com/news/2017/11/barry-callebaut-responds-worldwide-trend-five-wholesome-sugar-solutions

Click HERE for full details of APT’s Complete Context Companion for Paper 3 Context 2018 on the Chocolate Confectionery Market

Facebook and Google criticised by George Soros

Useful link for all relating to the advantages and disadvantages of monopoly - http://www.bbc.co.uk/news/business-42826915

Details below of exactly where to find the relevant section with the specification for Edexcel, AQA and OCR

Edexcel spec reference 3.4.5 Costs and benefits of monopoly to firms, consumers, employees and suppliers 

AQA spec reference 4.1.5.6 The advantages and disadvantages of monopoly.

OCR spec reference P11 Evaluate, with the aid of a diagram, the advantages and disadvantages of monopoly power 

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